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Coding platform GitLab lifts IPO pricing range, eyes nearly $10 billion valuation

Coding platform GitLab Inc is now targeting a valuation of $10 billion in its U.S. listing after raising the price range for its initial public offering, as demand for high-growth companies stays robust despite recent stock market gyrations. ....

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Coding platform GitLab aims for nearly US$9 billion valuation in U.S. IPO

(Reuters) -GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, is looking to raise as much as US$624 million throug. ....

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Apple and Google want to force remote workers back into cubicles. That friction could lead to a job exodus

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Apple and Google want to force remote workers back into cubicles. That friction could lead to a job exodus
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GitLab CEO and founder Sid Sijbrandij has a video meeting at his home and office on in San Francisco, California. Sid and the rest of his team work remotely. But some tech companies are expecting employees to return to the office, despite the friction it’s causing.Gabrielle Lurie/The Chronicle
The move to remote work at the onset of the pandemic last year happened virtually overnight, with shelter-in-place orders forcing office workers to abandon the spaces where they spent most of their waking hours as if driven off by a nuclear meltdown. So people spent the next weeks and months reorganizing their lives and homes, carving offices out of bedroom corners and slipping in and out of home schooling sessions for kids between calls, with former commute hours now devoted to myriad other household task ....

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iTWire - GitLab DevSecOps research shows pandemic energised work on Kubernetes, ML, and cloud

iTWire
Wednesday, 05 May 2021 22:39
GitLab DevSecOps research shows pandemic energised work on Kubernetes, ML, and cloud
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GitLab released its fifth annual DevSecOps survey today showing the COVID-19 pandemic enforced the broad adoption of remote work, which in turn energised teams to focus on embracing cutting edge DevOps technologies such as Kubernetes, machine learning/artificial intelligence (ML/AI) and cloud computing.
The survey also shows 60% of developers are now releasing code twice as fast with these technology adoptions, though roadblocks remain to be navigated before achieving true DevSecOps.
GitLab provides a single application for the DevOps lifecycle and has been tracking how roles across software development teams have changed as DevOps teams mature. ....

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